Clarified Rice Syrup Market: Market Outlook
Clarified rice syrup is a liquid solution of a nutritive sweetener, obtained through starch hydrolysis, using rice as a raw material, purified and concentrated to form required solids. Clarified rice syrup is all-natural, gluten-free and hypoallergenic colorless syrup. The syrup has a clean sweet flavor with light honey and buttery flavor notes. Clarified rice syrup is a healthy alternative to refined sugar, containing 0% fructose. The ongoing trend of natural and organic movements are the key factors fueling the growth of the global Clarified rice syrup market. Clarified rice syrup has a wide range of applications in the food and beverage industry, particularly useful where a high concentration of invert sugar is required. The clarified rice syrup is used in baked goods, beverages, confections, spreads and dressings, snacks and cereals, soups and sausages, seafood, meat products, and many other products. With developing science and technology clarified rice sugar can be used in the many other industries in upcoming years.
Clarified Rice Syrup Market: Market Dynamics
Clarified rice syrup is one of the healthy alternative to the sugar and starches with low-fat content and sensory sweetness characteristics. The clarified rice syrup stabilizes moisture, moderate texture, controls sugar bloom, moderate stickiness, and good flavor carrier. Thus, the clarified rice syrup provides multiple benefits to the final products, as well as multiple benefits to the consumer. The increasing number of health-conscious consumers across the globe is the key driver of the global clarified sugar market. Nowadays, consumer awareness about food and beverage products is very high like never before, consumers are looking for ingredients used in the food and beverage products while buying products. Thus, the manufacturer enables to use of healthy and natural ingredients while manufacturing food and beverage products. These factors are fueling the growth of the global Clarified rice syrup market. Besides, the demand for clarified rice syrup is increasing form the nutraceutical and pharmaceutical industry owing to the nutritional content of the clarified rice syrup such as vitamins, minerals, and also used as a granulating agent for tablet coating in pharmaceuticals.
Clarified Rice Syrup Market: Market segmentation
On the basis of nature, the global clarified rice syrup has been segmented as,
On the basis of source, the global clarified rice syrup has been segmented as,
On the basis of end use, the global clarified rice syrup has been segmented as,
On the basis of the distribution channel, the global clarified rice syrup has been segmented as,
On the basis of region, the global clarified rice syrup has been segmented as,
Clarified Rice Syrup Market: Key Players
Some of the key players in the global clarified rice syrup are Malt Products Corporation, BioPharma Industries, Khatoon Industries, Marigold Inc., Shafi Gluco Chem Limited, AG Commodities Inc., Wuhu Deli Foods Co Ltd., Sweet Nature Inc., and various other regional manufacturers.
Opportunities for the Key Players in the Global Clarified Rice Syrup Market
The Asia Pacific is expected to dominate the global clarified rice syrup market. The Asia Pacific is one of the fastest-growing regions in the world based on both population and economy. Holds more than half of the world’s population has the largest food and beverage products, the consumer. The increasing number of middle-income population and rising spending power on food and beverage products is expected to drive the growth of the global clarified rice syrup market. North America and Europe are expected to be the largest markets in terms of value in the global clarified rice syrup market. These regions have the highest number of health-conscious consumer and rising demand for natural and organic products are the key driver of the global clarified rice syrup market in these regions.
As the effects of COVID-19 are felt around the world, consumer products food & beverage companies are facing significantly reduced consumption and supply chain disruption challenges. The leading producing countries of organic peas are facing agricultural challenges due to the COVID-19. The governments are taking the appropriate measures to control and maintain the optimum output from the agricultural farmlands. But those are not enough for the industrial crops. Thus, the clarified rice syrup manufacturers are facing a shortage of raw material, also the lack of manpower is further creating barriers in the manufacturing process. The food and beverage, nutraceutical manufacturing is reduced, international trades have completely stopped, and the supply chain is disrupted these factors are largely impacted by the growth of the global clarified rice syrup market. By the end of 2020, if the COVID-19 is controlled across the globe, the demand for clarified rice syrup is increasing and it is expected that the market will register a healthy growth rate.